Former govt signed agreement to transfer PTCL’s ‘non-existent’ properties

The Senate’s Standing Committee on Information Technology and Telecommunications was briefed on Wednesday that at the time of privatisation of Pakistan Telecommunication...

Third tranche of $1bn from Saudi Arabia likely this month

ISLAMABAD: Senate Standing Committee on Finance was informed on Wednesday that the third loan tranche, worth $1 billion, from Saudi Arabia was...

FBR chairman asked to explain reasons behind revenue shortfall

ISLAMABAD: Taking notice of revenue shortfall in the first six months of the current fiscal year 2018-19, Minister of State for Revenue Hammad...

Had resigned from all businesses before joining cabinet: Dawood

ISLAMABAD: Advisor to the Prime Minister on Commerce, Textile, Industries & Production and Investment Abdul Razaq Dawood, like several other business ventures, founded...

Govt to implement Geographical Indication Law after 18 years

'Int’l brands are unabatedly selling Pakistan-origin goods due to non-finalisation of GI Law' ISLAMABAD: As Pakistan is yet to implement Geographical Indication Law ever...

‘PM/CJ Dam Fund collection reaches Rs9bn’

Pakistan Tehreek-e-Insaf (PTI) Senator Faisal Javed has revealed that an amount of Rs9 billion has been collected in the Diamer-Bhasha Dam Funds. He extended...

HEC releases Rs80m for Pakistan Institute of Robotic Science

ISLAMABAD: The Higher education Commission (HEC) has released a budget of Rs80 million for purchasing the equipment and induction of new employees in the Pakistan Institute of Robotic Science (PIRS). According to...

‘Mohmand Dam construction contract to CGGC-DESCON made on merit’

WAPDA chairman says int’l bidding for eligible firms was invited for procurement in accordance with PPRA and PEC provisions ISLAMABAD: Water and Power...

Abdul Razak Dawood’s company wins bid to construct Mohmand Dam

ISLAMABAD: The joint venture of Pakistani company, Descon, owned by Adviser to PM on Commerce Abdul Razak Dawood, and a Chinese company, China...

‘FIA unlawfully raided SECP office’

Policy board chairman says such acts by any investigation agency will eventually lower the stature of SECP in the eyes of...

ECC approves supply of up to 25mmcfd additional gas to SNGPL

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday approved a proposal of Ministry of Energy (Petroleum Division) for the supply...

Govt hands over PSM revival plan to private steel companies, HUBCO

ISLAMABAD: Setting aside Pakistan Steel Mills (PSM) board of directors as well as Public Procurement Regulatory Authority (PPRA) rules, the Ministry of Industries...

Notification issued for Farrukh Sabzwari’s appointment as SECP chairman

ISLAMABAD: The federal government, through a notification issued on Tuesday, officially announced the appointed of Farrukh H Sabzwari as chairman of the Securities...

Provincial govts struggling to facilitate CPEC economic zones

'Bureaucracy that used to obey former CM Shahbaz Sharif is apparently not taking the present govt seriously' ISLAMABAD: Despite the federal government’s emphasis...

Badiuddin Akbar takes charges as CDC chief executive

KARACHI: Badiuddin Akbar recently took charge as the CEO of the Central Depository Company of Pakistan (CDC) subsequent to formal approval by the...